Sep. 7 at 4:46 PM
Doximity (
$DOCS) Settlement FAQ: Who’s Eligible for the
$31M?
Q: What happened?
A: Doximity was accused of misleading investors about declining sales and pressure on its healthcare advertising business. On April 1, 2024, a report raised concerns about senior departures, revenue accounting, edited KPIs, and competition from LinkedIn. After the report was released,
$DOCS fell more than 4%, wiping out over
$135 million in market value, and investors filed a lawsuit.
Q: Am I actually eligible?
A: If you bought or acquired
$DOCS shares between June 24, 2021 and August 8, 2023, you may be eligible. You don’t need to still hold the stock to participate; past losses may qualify. Late claims are currently being considered for compensation, subject to approval.
Q: How much will I actually get?
A: There is currently no estimated payout per share available. The amount will depend on your eligible transactions and the number of valid claims.
Q: I missed the deadline. Is it too late?
A: No, you may still be able to file a late claim, but acceptance depends on final approval by the court.
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Check if you're eligible and file a claim:https://11th.com/cases/doximity-investor-suit
